Lecture 10 Problem Accounts & Tutorial Q Upload Version

Over gearing inadequate response to change

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Unformatted text preview: /Constraints 3 Common Errors Overtrading – The Big Project - Over-gearing Inadequate Response to Change / Constraints Constraints Environment Political-legal-regulatory Embargoes, quotas, duties, taxes, levies, directives, etc Social Attitudes, demography, ethnic mixes, lifestyles, trade Attitudes, unions, news media, consumer councils, etc unions, Economic Economic cycle, inflation, interest rates, currency Economic exchange rates, etc exchange Market / Industry Competitors New technology, new products, new entrants, mergers, New ‘foreign’ low cost producers 3 Common Errors Common Overtrading Expansion of turnover in relation to Expansion internally generated cash flow internally Expansion of turnover in relation to profits Large Project An undertakin...
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This note was uploaded on 10/19/2012 for the course FINANCE 20873 taught by Professor Mavis during the Spring '12 term at École Polytechnique.

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